Profitable Commercial Cleaning Company & Supply Business For Sale

Providence County, RI
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Asking Price:$1,950,000
Gross Revenue:$2,575,000
FF&E:$185,000
Cash Flow:$266,000
Inventory:$320,000
Established Year:1984
BUSINESS DESCRIPTION

OPPORTUNITY IS KNOCKING!!! Instant return on investment with this cash-flow positive commercial cleaning business in Rhode Island. BONUS: this is actually THREE BUSINESSES in ONE! All three businesses are being sold together .

"DIVISION #1" of the business is janitorial and maintenance services but also extends to urgent commercial cleaning, floor polishing, carpet & upholstery cleaning, window washing, graffiti removal, exterior detailing, demolition or construction clean-ups and more. Client base includes offices, schools, churches, malls, department stores, banks, restaurants, medical labs, warehouses and more. THIS IS NOT A RESIDENTIAL CLEANING BUSINESS, although that doesn't stop you from adding that aspect down the line.

"DIVISION #2" is focused on serving the supply needs of the janitorial, sanitation and office management markets, providing a large inventory of items ranging from commercial janitorial & maintenance supplies and equipment, office supplies, cleaning solutions & chemicals and a whole host of paper products. Products are sold both online and through in-store inventory - for great convenience to a loyal client base.

"DIVISION #3" is a Staffing Service for both cleaning and warehouse workers.

Combined staffing is 35 to 40 employees. All inventory is included in the asking price and is valued at approximately $320K.

Real Estate is NOT included in the price, but there may be an opening for negotiations, should the you choose to pursue the location. Real Estate includes office, showroom and warehouse space for an additional $850K.

Seller has decades of experience and a top notch staff that are willing to negotiate any transition that makes sense to all sides.

While this great business is a MONEY MAKER... if you happen to already be in the business (or in any related service-based business) with your own management team in place, then your cash flow profits will instantly increase by over $405K per year by absorption of management duties and the elimination current management fees, leases and more.

Financials available upon request after execution of confidentiality agreement (after initial call). No exceptions. Thank you.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Service staff would be happy to stay on. Office staff is negotiable. Seller is willing to cooperate in any capacity and within any reasonable (mutually agreeable) time period deemed necessary to facilitate a smooth transition.
Reason for Selling
Seller is retiring from the industry to explore an unrelated business.
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Donnie
Bennett
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Donnie Bennett